This also means in next decade, ADU is the new normal, which means...price going to be cheaper as rules would be relaxed.

And well.. if you’re stressed at least you know where you can get something to relax.

Hey Dominic, I have a STR in Seaside Heights because of the revitalization there as well as their relaxed STR policies.

@Dominic JonesHi Dominic, encourage you to have a read through the link below:http://japanpropertycentral.com/2016/01/ota-ku-to-introduce-relaxed-letting-rules-from-today/

I know I get really caught up in details, deals, etcetera, and need to take some time to relax occasionally.Thanks for the nice reminder.  

So, I am more apt to spend more dollars on the rehab since, theoretically, I should be doing rehabs less often since I have longer tenancy.If my goal were to get as high of a price as I could and I was not trying to achieve a high quality tenant, then it I would spend alot less on the rehab and simply plan on using VERY relaxed screening criteria to find a renter that basically has no other options where they can be accepted.  

Once I got out of the "gotta get a deal" mentality and just got up every morning with the thought, "Today I'm going to learn something new by just getting in there and doing it" I started to relax and just play with the process.

A local bank or credit union may relax these restrictions if doing a loan that they keep in their portfolio, but this won't be long term fixed rate money, and rates will be a point or two higher.I'm sure you know that you're supposed to live in that owner-occ property for a full year unless you have extenuating circumstances.

Not one of those stiff, robotic and very procedural presentations but something that comes off as relaxed but very informative.

Also, being willing to take on distressed properties and muscle out the rehab will help you filter out some of the competition from the hedge-fund investors who are willing to pay top dollar (typically above asking price) for rent-ready properties in these markets.Rents are growing at 8% or more YOY in these markets.